Reply #58: Seriously, we need to get our priorities straight and stop stimulating the Swiss economy

[Hippo_Tron]

One of my favorite scenes form the West Wing is when they are talking about the massive proposed GOP capital gains tax cut.

Bartlet: I'm not an economist, but -- no, wait. I am an economist. So their plan would do what, CJ?

CJ: Explode the--

Bartlet: Explode the deficit. Will it stimulate the economy, Josh?

Josh: It'll stimulate the Swiss economy.

Bartlet: Josh gets extra credit for being funny and right at the same time

The GOP might have an argument that a capital gains tax cut encourages investment which will lead to future economic growth but the rich put their money into overseas bank accounts these days. Cutting capital gains does nothing but give rich people more money.